Latest real estate news, views & reports

Tauranga City Council April building consents were certainly positive.

Consents up around a $6m value increase on April 2014. Commercial consents related to some significant relocations and new business establishments in the region. Activity at Tauriko continues apace and will soon also accommodate the Tauriko Crossing retail centre, adding to the facilities available to the rapidly growing residential community at the Lakes. This is mirrored in the Papamoa East developments which include commercial, retail and residential property activity.

All of the above attract new skills, new residents, new investment to our region. This is driving buyer activity for residential property and tenant demand for accommodation.

Price increases steady for a while around the 5% per year but are now edging upward, with a definite increase in buyer commitment, particularly in our auction rooms.

Many potential sellers have been waiting to spot their “next purchase” before listing their own property for sale.

Our extensive Eves network in the area has our teams working successfully with those clients thinking of selling, to concurrently identify options for their next purchase.

If you are thinking of selling in this good market , then talk to Eves now about selling and also identifying your next purchase.

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